Director/PDMR Shareholding

RNS Number : 8435U

Capital & Counties Properties Plc

05 December 2013

 



Capital & Counties Properties PLC (the "Company")

Director Share Dealings

On 2 December 2013, Ian Hawksworth, Chief Executive of the Company, exercised share options awarded in May 2010 under the Company's Performance Share Plan. The Company chose to settle the share options by delivering shares with a market value equal to the settlement value of the options (being the difference between the option price and the market value of the option shares).

Executive Director	Number of Options Exercised	Exercise Price (£)	Number of 25p Ordinary Shares Settled at £3.3060	Number of Shares Subsequently Sold	Sale Price per share (£)
Ian Hawksworth	1,732,935	1.0387	1,188,470	1,188,470	3.221856

The Company has also been notified that on 4 December 2013, Ian Hawksworth sold 53,620 shares to his SIPP Account at a price of £3.246 per share, and sold a further 21,380 shares at a price of £3.246 per share.

Following these transactions, Ian Hawksworth holds 755,604 shares in the company, which represents 0.1% of the issued share capital, and holds LTIP awards over 2,803,813 shares which remain subject to performance conditions.

The Company was notified of the transactions on 4 December 2013.

Ruth Pavey

Company Secretary

5 December 2013

 

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